AMERICA'S ADVANCED INDUSTRIES industries employ 365,425 full-time workers. () These direct jobs supports an additional 292,340 indirect jobs in other industries in the region. industries produce $74.3 billion dollars in output in the region. (, 2009 Chained) industries pay, on average $71,786 dollars per year (). industry annual average growth, - OUTPUT 2.70% industries directly account for 2.88% JOBS 11.7% of all jobs in the region. This employment share is This accounts for #2 among all states. 25.4% of all output in the region (). This compares to average pay of $44,111 for all industries (). #43 #16 What are? The Metropolitan Policy Program at Brookings defines advanced industries as those that: 1) Spend at least $450 per worker per year on R&D and 2) employ at least 20 percent of their workforce in STEM-intensive occupations. The definition identifies 50 4-digit NAICS industries across the manufacturing, energy, and services sectors that together constitute the advanced industries super-sector. Why do Matter? industries encompass the nation s tech sector at its broadest and most consequential. They represent a sizable economic anchor for the economy and have led the post-recession employment recovery. Their competitiveness and growth are prerequisites for any future broadly shared prosperity. As such, the sector encompasses the country s best shot at supporting innovative, inclusive, and sustainable growth. industries are present in nearly every region, but the sector s geography is uneven. For More Information VIEW THE FULL REPORT www.brookings.edu/advancedindustries SEE THE INTERACTIVE www.brookings.edu/advanced industries FOLLOW US ON TWITTER @BrookingsMetro @MarkMuro1 #Adv 0.98% 2.46% DATA NOTES All figures reflect Brookings analysis of data from Moody's Analytics.
Twenty-Five Largest () There are 16 advanced industries in with LQs over 1.5. LQs over 1.5 indicate specialization 4-Digit NAICS Code Title () Location Quotient (LQ) Share () Annual Growth Share Output () Output Annual Growth 1 3363 Motor Vehicle Parts 60,330 5.03 16.5% 6.6% 3.8% 12.4% 4.5% 3.6% 2 3362 Motor Vehicle Body & Trailers 35,420 11.09 9.7% 8.9% 6.2% 6.1% 4.1% 7.6% 3 5415 Computer Systems Design 24,250 0.60 6.6% 7.1% 8.0% 4.0% 11.3% 9.6% 4 3311 Iron & Steel Products 19,490 10.31 5.3% 1.9% 0.1% 4.7% 9.5% -5.3% 5 3391 Medical & Supplies 18,270 2.80 5.0% 1.6% 1.0% 3.6% -21.0% 5.8% 6 5413 Engineering 18,260 0.61 5.0% -2.2% 2.4% 2.7% -3.2% 0.9% 7 3254 Pharmaceuticals 17,470 2.95 4.8% -3.2% 0.5% 20.9% -4.0% -2.2% 8 3361 Motor Vehicles 15,920 3.65 4.4% 2.3% 5.1% 4.7% 0.7% 4.2% 9 5416 Management Consulting 14,890 0.55 4.1% 6.4% 5.8% 2.3% 3.6% 4.9% 10 3336 Engine & Power 13,380 6.15 3.7% 7.1% 4.3% 2.3% 4.5% -0.5% 11 3339 General Purpose 11,640 2.05 3.2% 7.8% 5.2% 1.8% 5.3% 2.2% 12 2211 Power Generation & Supply 10,910 1.30 3.0% -0.7% -0.3% 5.3% -2.5% -5.5% 13 3399 Misc. Manufacturing 10,410 1.74 2.8% 1.8% 3.2% 1.5% -20.3% 6.1% 14 3315 Foundries 9,920 3.76 2.7% 2.6% 4.4% 1.6% 8.3% -1.2% 15 3345 Precision Instruments 6,670 0.79 1.8% -1.6% 1.7% 1.4% 6.2% 3.0% 16 3364 Aircraft Products & Parts 6,340 0.61 1.7% 1.7% -5.3% 2.3% 2.0% -2.9% 17 6215 Medical and Diagnostic Laboratories 5,680 1.03 1.6% -0.7% -0.5% 0.7% -0.3% 0.2% 18 3313 Aluminum Products 5,570 4.40 1.5% 3.2% 2.4% 1.0% 8.6% -2.5% 19 5417 R&D Services 4,660 0.33 1.3% 5.2% -0.4% 1.0% 6.4% -0.1% 20 3344 Semiconductors 3,960 0.51 1.1% 1.0% -1.3% 0.9% 10.7% 2.6% 21 3279 Stone & Mineral Products 3,520 2.24 1.0% 9.1% 2.7% 0.4% 11.6% -0.4% 22 3366 Ships & Boats 3,350 1.17 0.9% 13.9% 5.0% 0.8% 13.8% 7.2% 23 3241 Petroleum & Coal Products 3,220 1.38 0.9% 0.7% -4.4% 3.5% -7.2% 9.1% 24 3353 Electrical 3,120 1.03 0.9% 1.8% 1.3% 0.4% -2.6% -1.0% 25 5182 Data Processing & Hosting 3,090 0.49 0.8% 2.7% 8.4% 0.5% 12.1% 6.9% AI_MFG industries manufacturing 276,670 2.34 75.7% 3.6% 2.7% 81.6% -1.0% 0.9% AI_NRG industries energy 11,140 0.83 3.0% -0.5% -0.3% 5.4% -2.4% -5.6% AI_SER industries services 77,610 0.55 21.2% 3.0% 4.0% 13.1% 3.9% 4.6% AI_TOTAL ADVANCED INDUSTRIES TOTAL 365,430 1.34 100.0% 3.4% 2.9% 100.0% -0.5% 1.0% Location quotients are a measure of specialization for an industry using employment. A LQ of over 1 indicates that an industry employs more workers, as a share of total employment, than the nation as a whole. - -
AMERICA'S ADVANCED INDUSTRIES polis, IN industries employ 96,698 full-time workers. () These direct jobs supports an additional 77,360 indirect jobs in other industries in the region. industries produce $23.6 billion dollars in output in the region. (, 2009 Chained) industries pay, on average $89,394 1.37% dollars per year (). industry annual average growth, - OUTPUT 2.70% industries directly account for 4.27% JOBS 2.46% 9.4% of all jobs in the region. This employment share is This accounts for #34 among all large metros. 23.0% of all output in the region (). This compares to average pay of $49,321 for all industries (). #75 #20 What are? The Metropolitan Policy Program at Brookings defines advanced industries as those that: 1) Spend at least $450 per worker per year on R&D and 2) employ at least 20 percent of their workforce in STEM-intensive occupations. The definition identifies 50 4-digit NAICS industries across the manufacturing, energy, and services sectors that together constitute the advanced industries super-sector. Why do Matter? industries encompass the nation s tech sector at its broadest and most consequential. They represent a sizable economic anchor for the economy and have led the post-recession employment recovery. Their competitiveness and growth are prerequisites for any future broadly shared prosperity. As such, the sector encompasses the country s best shot at supporting innovative, inclusive, and sustainable growth. industries are present in nearly every region, but the sector s geography is uneven. For More Information VIEW THE FULL REPORT www.brookings.edu/advancedindustries SEE THE INTERACTIVE www.brookings.edu/advanced industries FOLLOW US ON TWITTER @BrookingsMetro @MarkMuro1 #Adv DATA NOTES All figures reflect Brookings analysis of data from Moody's Analytics. polis, IN polis, IN
polis, IN Twenty-Five Largest () There are 6 advanced industries in polis, IN with LQs over 1.5. LQs over 1.5 indicate specialization 4-Digit NAICS Code Title () Location Quotient (LQ) Share () Annual Growth Share Output () Output Annual Growth 1 5415 Computer Systems Design 15,940 1.19 16.5% 9.8% 8.9% 8.4% 13.8% 9.4% 2 3254 Pharmaceuticals 13,710 7.01 14.2% -3.6% 0.8% 44.4% -4.6% -1.0% 3 3363 Motor Vehicle Parts 9,050 2.29 9.4% 4.2% 4.1% 5.1% 1.3% 2.8% 4 5413 Engineering 8,920 0.90 9.2% -0.9% 2.5% 4.0% -2.0% 1.0% 5 5416 Management Consulting 8,720 0.97 9.0% 6.9% 8.2% 4.3% 5.0% 5.5% 6 3364 Aircraft Products & Parts 3,370 0.98 3.5% -2.9% -8.2% 3.7% -0.9% -4.9% 7 6215 Medical and Diagnostic Laboratories 3,110 1.71 3.2% -1.6% 2.7% 1.0% -1.1% 1.1% 8 2211 Power Generation & Supply 3,060 1.10 3.2% -2.5% 2.4% 4.7% -5.6% -1.0% 9 5417 R&D Services 2,840 0.61 2.9% 8.8% 6.1% 1.4% 13.8% 1.3% 10 3339 General Purpose 2,560 1.37 2.6% 4.1% 3.7% 1.5% 3.2% 2.7% 11 5182 Data Processing & Hosting 2,340 1.12 2.4% 11.0% 27.2% 1.2% 15.8% 19.6% 12 3391 Medical & Supplies 2,250 1.04 2.3% 3.7% -1.4% 1.7% -18.9% 7.0% 13 3399 Misc. Manufacturing 1,970 1.00 2.0% 5.6% 4.8% 0.8% -17.2% 8.7% 14 3345 Precision Instruments 1,950 0.70 2.0% -2.6% 0.9% 1.2% 2.2% 5.1% 15 5191 Web Search Portals and Internet Publishing 1,800 1.06 1.9% 2.1% 176.3% 0.8% 0.2% 150.1% 16 5112 Software Products 1,740 0.75 1.8% 11.7% 1.0% 1.9% 14.3% -10.1% 17 3361 Motor Vehicles 1,410 0.98 1.5% -3.7% -3.1% 1.0% -10.4% 2.0% 18 3315 Foundries 1,220 1.40 1.3% 4.1% 1.7% 0.7% 9.7% 0.7% 19 3253 Pesticides & Fertilizers 1,170 4.46 1.2% 4.2% 0.1% 2.9% 1.8% -0.4% 20 3279 Stone & Mineral Products 890 1.71 0.9% 6.4% -0.1% 0.4% 13.3% 1.1% 21 3251 Basic Chemicals 870 0.83 0.9% 2.8% 5.1% 1.9% 5.1% -0.4% 22 3336 Engine & Power 840 1.16 0.9% -7.7% -2.3% 0.6% -8.9% -5.1% 23 5172 Wireless Telecom Carriers 670 0.72 0.7% 3.6% -19.7% 0.7% -3.1% 16.1% 24 3346 Magnetic & Optical Media 600 5.11 0.6% 5.0% 8.5% 0.3% 12.0% -8.9% 25 3341 Computer 530 0.46 0.5% 8.0% 2.3% 0.5% 14.7% 4.4% AI_MFG industries manufacturing 47,220 1.21 48.8% 0.2% 0.9% 71.2% -3.6% 0.0% AI_NRG industries energy 3,080 0.70 3.2% -2.6% 2.4% 4.7% -5.6% -1.0% AI_SER industries services 46,400 0.99 48.0% 5.5% 8.3% 24.1% 7.2% 6.2% AI_TOTAL ADVANCED INDUSTRIES TOTAL 96,700 1.07 100.0% 2.3% 4.3% 100.0% -1.7% 1.4% Location quotients are a measure of specialization for an industry using employment. A LQ of over 1 indicates that an industry employs more workers, as a share of total employment, than the nation as a whole. - -
sectors aligned with CICP initiatives AgriNovus BioCrossroads Conexus Energy Systems Network TechPoint Agriculture, Construction & Mining Basic Chemicals Aerospace Products and Parts Foundaries Electric Power Generation, Trans & Distribution Basic Chemicals Other Chemical Products Agriculture, Construction & Mining Other Miscellaneous Oil and Gas Extraction Cable and Other Subscription Programming Other Chemical Products Pharmaceuticals and Medicine Aluminum Production & Processing Industrial Computer Systems Design Pesticides, Fertilizers & Other Agricultural Chemicals Medical & Supplies Audio & Video Iron, Steel & Ferroalloys Data Processing and Hosting Commercial & Service Motor Vehicle Bodies & Trailers Other Information Services Scientific Research and Development Scientific Research and Development Communications Motor Vehicle Parts Software Publishers Computers & Peripheral Motor Vehicles Wireless Telecommunication Carriers Electrical Other Electrical & Components Engines, Turbines & Power Trans. Equip Other General Purpose Other Transportation